Wednesday, February 10, 2010
Some Bankers Are More Equal Than Others
Did Obama simply emerge from George Orwell's mind. Obama, who has spent much of this year bashing banks as the source of everything that is evil (aside from Bush) is now defending the bonuses given to Goldman Sachs and J.P. Morgan Chase CEO's. He says that some athlete's get paid more than others. Why is it then, that if Bank of America paid a similar bonus, Obama would not be similarly enthused. If all bankers are athletes and the better performing ones (because of government help) should get bonuses, shouldn't all athletes be eligible for a bonus. Now, don't get me wrong. I'm not against bonuses. I think every company should be free to pay out bonuses. Obama, on the other hand, thinks that some bankers are more equal than others, meaning some of them should get it and others don't. The criteria for making you more equal simply means you tow Obama's line and don't pay back the forced government loan too early. Can anyone really take Obama as intellectually honest when he does these things?
Posted by jrchaard at 1:33 PM